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It’s a constant challenge to write new, engaging content.
I’ve seen some comments online that the content on the FIRE blogs has become stagnant and repetitive and lack the originality they once did. And that really (probably unnecessarily) irked me; not least because the majority of people who write these sorts of blogs are doing it in their own time and for free.
Now I certainly don’t feel this is the case and have, if anything, had my eyes opened up to all manner of interesting ideas on the psychology of money and organisation, not directly related to FIRE, from tonnes of different blogs.
To be frank, the principles of FIRE, by its very nature, are boring. That’s not to say that this is a bad thing. It’s a testament to creating wealth passively and streamlining your finances as much as possible so it runs like clockwork.
It can be a difficult thing to achieve, but is incredibly rewarding if you manage to do it.
As a result, it’s difficult to find something new to write about; all the older blogs (and way better researched ones than this one) have already covered everything.
There’s not much else to say more than passive investing, reduce expenses, emergency fund, pay down high interest debt and live within your means.
This often frustrates many on online forums dedicated to FIRE, that discussing any other form of financial topic or investing strategy is immediately shot down and criticised for not following the Warren Buffet mantra. It’s partly why I started my ‘fun’ Freetrade portfolio alongside my main, passive fund investments.
But as someone who only semi follows FIRE I’m happy to explore and write about other areas of the finance, banking and investing world.
That’s why I don’t fully dedicate this blog to FIRE. In fact, the majority of the content hasn’t been directly related to it. But it’s the small things you might take away from reading blogs and books like this that can influence decisions you make in other areas of your life, even if not initially intended.
I stumbled onto the FIRE forums by pure coincidence having been interested in some other aspect of finance.
I learnt about savings and interest rates and had a basic understanding of the difference between passive and active investing, THEN I found out there was an awesome collection of dedicated people retiring in their 30s and 40s, not because they’d come into an inheritance (although that might sometimes be the case) or because they earn £1million a year (although this often seems like the case with the wages being discussed on these forums), but because they had optimised their financial lives with the utmost efficiency…and I found that really cool.
I think I’m just trying to convey that FIRE is awesome, but you can read a few posts on Mr Money Mustache’s site and pretty much know 90% of all you’ll ever need to know.
I just want to continue spreading the message of the FIRE movement, while offering readers a wider contextual understanding of the world of finance, the markets and maybe some niche finance related tit bits along the way.
Speaking of niche, this Friday I’ll be releasing a new post about a particular financial crash during the 80s, the likes of which you may not even know happened.